Rita Li Homes

📊 GTA Real Estate Market Update – March 2025 🏡

March stats are in — and while sales activity has picked up slightly from February, the market overall remains challenging for sellers.

✔️ Sales were up month-over-month, but still down 23% from last year.

✔️ New listings surged by 28.6%, leading to much more competition.

✔️ Average price: $1,093,254 — down 2.5% compared to March 2024.

🔍 For buyers: More inventory means more choice and negotiation power.

🔍 For sellers: Pricing strategically is more important than ever in a buyer-skewed market.

💬 Curious how these shifts affect your plans? I’d be happy to walk you through what this means for your area and your goals.

New Condo Listing in Highly Demanded Richmond Hill Area
❤️75 Norman Bethune Ave Unit 209❤️

💥Bright & Spacious 2+1 Br Condo Unit, 930 Sq. Ft.
💥Walk-in Closet, Den May Use As 3rd Bedroom.
💥Freshly Painted, Granite Counter Top & New Laminate Floor Throughout
💥Large Balcony With 2 Walkouts, South/East Unobstructed View
💥Short Walk To Shopping, Restaurants & Entertainment District
💥Easy Access To Highway 404/407/Hwy7. Newer Bridge Access to Seneca And Business Area in Minutes